RIL buys out retail & wholesale biz of…

Mumbai: Reliance Industries (RIL) on Saturday said its unit Reliance Retail Ventures (RRVL) is acquiring the retail & wholesale business and the logistics & warehousing business from the Kishor Biyani-promoted Future Group as going concerns…

Edelweiss Group books Rs 2,245 cr net loss…

MUMBAI: Edelweiss Group has reported Rs 2,245 crore loss in the quarter to March due to higher upfront provisioning for COVID-19 for possible credit losses across three lending and asset reconstruction verticals. The diversified financial…

Ransomware allegedly hits Indiabulls Group: Cyble

NEW DELHI: A ransomware has allegedly hit Indiabulls Group and threatened to leak critical data owned by its group companies, according to cyber intelligence firm Cybel. "The leaked data seems to be a warning by…

HDFC AMC pays Rs 4.2 crore to market…

MUMBAI: HDFC Mutual Fund and its top management have paid Rs 4.2 crore to the market regulator Sebi to settle the case of the fund’s investments in the debt instruments of Essel Group, which faced…

Group of non-bank lenders to issue pooled debt…

Kolkata: A group of non-bank lenders, including microfinance firms, is likely to issue pooled debt instruments such as bonds together to gain bargaining power on price as they are looking to tap the separate liquidity…